Hockey Benefactor Terry Pegula May Buy Buffalo Sabres
According to a post from The Hockey News, billionaire Terry Pegula has signed a letter of intent to purchase the Buffalo Sabres. Earlier this year, Pegula donated $88 million for Penn State to start men’s and women’s D1 hockey programs (including the endowment for staff and scholarships to support it).
The Buffalo Sabres have released a statement denying the article, saying,
The report that a $150 million letter of intent has been signed is simply not true.
ESPN correspondent Pierre LeBrun tweeted that minority owner Larry Quinn denies a letter of intent had been signed, but that Pegula definitely has interest in the program.
Pegula’s wife is from Buffalo, and he spent a period of time living in western New York during which he became a Buffalo Sabres fan. Pegula loves hockey and he earned billions of dollars this year… why wouldn’t he want to buy the team? And it’d be hard to see how such a move would be anything but good for Penn State hockey too.
If Pegula doesn’t buy the Sabres, he’ll probably do something else. Maybe it’ll just be a renovation to his house in Boca, but there have got to be some better ideas for what he should buy or donate next.
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Garcia is the first known Penn State student to die after contracting the virus.
“We will no longer sit back and watch as the university continues to disrespect and misuse its BIPOC students.”
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